Are you curious to know the trading platforms and account opening method of the FXGM? If yes, then this article can assist you greatly.
FXGM is among the leading platforms in South Africa. A lot of people want to join it, but the lack of information becomes a hurdle in their way. So, if you are one of them, then this article can prove helpful. Hence, without any delay, let’s dive into it.
FXGM provides you the ample opportunity to get the reach of a trading environment with the help of convenient-to-use trading platforms like WebPROfit. This trading platform is online and does not need any installation. In addition, there is also another trading platform that is named the Mobile PROfit.
WebPROfit offers you multiple trading tools that have real-time charts, the latest news, and some additional analysis tools. Thus software can be utilized for devising the trading strategy whether you’re a newbie or expert.
Additionally, the broker also provides you with plenty of learning materials and the reach to Trading Insider. You can use it on various browsers such as Firefox, Internet Explorer and Chrome. WebPROfit has the following benefits:
- It is comfortable and easy to use.
- Commodities, Forex, and CFDs are tradeable.
- No need for downloading
- On the platform, financial news can be streamed directly
- Analysis and real-time charts
With the help of using the free app, you can get access to the Mobile PROfit anywhere and anytime. This mobile-based platform works almost like a web platform and provides multiple services like editing of positions, viewing of graphs, receiving live currency quotes, and placing trades.
FXGM offers six account types if you are a retail trader. Here are the names:
- Basic Account
- Discovery Account
- Silvery Account
- Gold Account
- Diamond Account
- VIP Account
How to open an account?
Fortunately, the process of opening an account can be carried out online. It is fast and quite convenient. By having a live account, you can get multiple benefits such as tools, trading conditions, services, and offers.
They do not offer a demo account. That’s a downside because beginners usually prefer to go for this account type. For opening an account you have to provide them with an email and password. In addition you have filled out some forms to provide them with your personal information. Furthermore, they ask for ID and utility bill copy.
Customers can get the benefit of contracting the company through multiple means such as email, telephone, or live chat. In addition, you can consult them by filling an assistance request form. They are operational from Monday to Friday, and the timings are 7:00-16:00 GMT.
The trading academy of the FXGM doesn’t have much information and limited training material. The training material has only some web pages that have the definition of leverage, forex history, CFD, and some other terms. Furthermore, you can get access to multiple helpful tools and resources that can assist you in starting forex trading.
To sum up the article, we would like to say that having accurate and ample information before diving into forex trading. If you think that we have missed something in this FXGM ZA broker article, then feel free to ask in the comments section.